![Electric Revolution: CATL Dominates the EV Battery Market in 2024 Electric Revolution: CATL Dominates the EV Battery Market in 2024](https://agogs.sk/wp-content/uploads/2025/02/compressed_img-HtT3JGHBfxK9gSmmK9LGKo5b-1024x585.png)
Electric Revolution: CATL Dominates the EV Battery Market in 2024
CATL remains the top power battery manufacturer in 2024 with a 37.9% market share. The company installed 339.3 GWh of EV batteries, representing a 31.7% increase from 2023. Global EV battery demand surged to 894.4 GWh, reflecting a 27.2% growth year-over-year. BYD